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In 1991 Billy and Akaisha Kaderli retired at the age of 38. Now, into their 4th decade of this financially independent lifestyle, they invite you to take advantage of their wisdom and experience.

Top Benefits of Investing in Real Estate

Jonathan Pearson

Key into a door

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Investing in real estate is a fantastic way to diversify your portfolio. Rather than putting all your eggs in one basket, buying real estate allows you to have a back up. Therefore, no matter what happens in your career, you’ll always have a way to make money.

Real estate can be very lucrative with the more experience you gain. There are tons of benefits to investing your money in property. Take a look at some of the top reasons many people get into the real estate industry.

Passive Income

You can earn passive income in many ways with real estate. Firstly, you can hold on to the properties you invest in and rent them for a monthly income. This means having to be available for maintenance of the property but the income is often high.

Secondly, you could invest in commercial buildings and then hire a property management company to handle them. This makes your income entirely passive.

Tax Benefits

As someone who invests in real estate, you may be able to take advantage of some tax benefits. For example, the Act 60 tax benefits that many people have been flocking to. You can find out more about Act 60 requirements before your property searches.

It’s vital that you look into tax benefits before bidding on properties. You may be entitled to claim back the interest you pay on your mortgage or deduct depreciation for some residential and commercial properties. Talk to a financial advisor about any tax benefits you could be entitled to.

Build Capital

Real estate is one of the best ways to build capital. Although the first property you buy may be highly leveraged, there’s often the possibility of selling it for more somewhere down the line. The more properties you invest in, the more profit you stand to make.

It takes money to make money but once you’ve got the ball rolling, you can build until you’ve had enough. The sky is your limit when it comes to property investment.

Choose Your Level of Involvement

It’s your choice as to how much time you put into property investment. You may want to buy a fixer-upper and spend your time working on it until it’s ready to sell for a profit. If you don’t want to invest that much time into property, there are other options.

You can pay laborers to do the work for you or you could buy a property at a good price and wait for the market to improve before selling. When it comes to property investment, you can have as much or as little involvement as you like, as long as money is on your side.

Family Heirloom

It isn’t always about making money. Investing in property can be what provides security for you and future generations. Property is an asset that can be passed down as an heirloom, providing a financial cushion for children and grandchildren.

If you’ve found this article helpful, take a look at the others. 

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About the Authors

 
Billy and Akaisha Kaderli are recognized retirement experts and internationally published authors on topics of finance, medical tourism and world travel. With the wealth of information they share on their award winning website RetireEarlyLifestyle.com, they have been helping people achieve their own retirement dreams since 1991. They wrote the popular books, The Adventurer’s Guide to Early Retirement and Your Retirement Dream IS Possible available on their website bookstore or on Amazon.com.

contact Billy and Akaisha at theguide@retireearlylifestyle.com

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